Baltimore Maritime Exchange Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 520634742 ✦ Baltimore, MD ✦ Designated as a 501(c)(6)

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Overview

What is Baltimore Maritime Exchange Inc?

Baltimore Maritime Exchange Inc is a nonprofit organization based in Baltimore, Maryland. Their primary mission revolves around facilitating ship-to-shore radio communications between ships arriving at the Port of Baltimore and their respective shipping agents, as well as other interested parties. This service aims to streamline the process of coordinating the arrival and departure of ships at the port. The organization, with a workforce of three employees, plays a significant role in the smooth operation of the Port of Baltimore.


Official website here: www.balmx.org

Is Baltimore Maritime Exchange Inc legitimate?

Baltimore Maritime Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Baltimore Maritime Exchange Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $64,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,581

For more financial information, click here


Official website here: www.balmx.org

What is the mission statement of Baltimore Maritime Exchange Inc?

The Baltimore Maritime Exchange Inc serves as a communication and information provider, facilitating ship-to-shore radio communications between ships arriving at various ports and their respective shipping agents, as well as other interested parties. Their mission involves ensuring seamless and efficient communication, thereby streamlining the logistical processes associated with maritime transportation. By doing so, they aim to enhance the overall efficiency of the port operations, benefiting both the shipping industry and the economy as a whole.


Official website here: www.balmx.org

Who is the CEO of Baltimore Maritime Exchange Inc?

Ingrid Londono is the General Manager of Baltimore Maritime Exchange Inc.


Official website here: www.balmx.org

What is the revenue of Baltimore Maritime Exchange Inc?

Baltimore Maritime Exchange Inc's revenue in 2022 was $338,039.


Official website here: www.balmx.org

Who are the executives of Baltimore Maritime Exchange Inc and what are their salaries?

The average compensation at Baltimore Maritime Exchange Inc during 2022 was $45,850. There are 3 employees at Baltimore Maritime Exchange Inc.


Here are 7 key members and their salaries:


Ingrid Londono (General Manager)
  • Compensation: $64,970
  • Related: $0
  • Other: $0
Michael Reagoso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Derby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Bartlett Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Chenowith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Eric A Nielsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rupert Denney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.balmx.org

Where can I find the form 990 for Baltimore Maritime Exchange Inc?

Baltimore Maritime Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.balmx.org

Learn more at the official website: www.balmx.org

Mission Statement of Baltimore Maritime Exchange Inc

The Baltimore Maritime Exchange Inc, a significant entity, is dedicated to facilitating seamless communication between ships arriving at the port of Baltimore and their respective shipping agents, as well as other concerned parties. By providing ship-to-shore radio communications and information services, this organization plays a vital role in ensuring the smooth operation of the maritime industry. In essence, the Baltimore Maritime Exchange Inc serves as a bridge, connecting ships with their agents and other parties, streamlining the processes involved in the arrival and departure of vessels at the port.

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Impact




June, 2024

Baltimore Maritime Exchange Inc plays a crucial role in facilitating ship-to-shore radio communications and information services for ships arriving at the Port of Baltimore. This service is vital for ensuring efficient and safe maritime operations in the area. By providing a platform for communication between ships, shipping agents, and other relevant parties, Baltimore Maritime Exchange Inc helps streamline logistics and enhance overall port operations. This contributes to the smooth functioning of the port, supporting trade and commerce in the region.




This information is meant to be a general summary of Baltimore Maritime Exchange Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$338,039 (2022)
Expenses
$206,291 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,634
  • Program Service Revenue: $254,793
  • Gross Receipts: $338,039

Assets and Liabilities:

  • Total Assets: $636,668
  • Total Liabilities: $139
  • Net Assets: $636,529

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MISNA INCOME

Revenue

$5,160

PORT SERVICE FEES

Revenue

$240,815

SPECIAL REPORTS

Revenue

$5,254

BALTIMORE PORT ALLIANCE

Revenue

$3,200

BOA REWARDS

Revenue

$364

Organization Details

Founding Year

1954

Principal Officer

Ingrid Londono

Main Address

3720 DILLON STREET STE 216, Baltimore, MD, 212245202

NTEE Category

Code: C02 - Environment

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